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Code · CFR · Title 15 — Commerce and Foreign Trade · Part 971 — Deep Seabed Mining Regulations for Commercial Recovery Permits · § 971.418

§ 971.418. Diligence requirements.

48 words·~1 min read·/us/cfr/t15/s§ 971.418·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The TCRs in each commercial recovery permit must include provisions to assure diligent development consistent with § 971.503, including a requirement that recovery at commercial scale be underway within ten years from the date of permit issuance unless that deadline is extended by the Administrator for good cause.
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